www.gjsentinel.com
A wildfire that destroyed nearly 1,100 homes and businesses in suburban Denver last winter is now the costliest in Colorado history as it has now caused more than $2 billion in losses.
Official estimates released days after the fire put the losses at more than $500 million; however, additional insurance claims and assessments of the scope of rebuilding from the wildfire prompted the new estimate.
A Colorado Division of Insurance analysis found that 67% of homeowners who lost their homes in Boulder County didn't have enough insurance to replace them. Lawmakers are passing bills aimed to boost firefighting resources and mitigation planning.